Indonesia Plans Export and Windfall Taxes on Coal and Nickel to Ease Subsidy Burden

Deep News
05/05

Indonesia is preparing to impose export duties and windfall taxes on coal and nickel as part of efforts to counter rising subsidy costs in the national budget. Finance Minister Purbaya Yudhi Sadewa stated that the proposed measures are still under discussion with the Ministry of Energy and Mineral Resources. "Consultations with the Energy Ministry are ongoing, but it is clear that the resulting revenue will be sufficient to help bridge the subsidy gap," he noted. Purbaya pointed out that coal and nickel exports had previously been excluded from export tax regulations, creating a loophole that could encourage under-invoicing and smuggling. This gap also limited the ability of customs authorities to inspect goods before shipment. The implementation of export taxes is expected to grant the Directorate General of Customs and Excise greater authority to conduct pre-shipment inspections, thereby helping to close tax loopholes and prevent revenue loss. Despite the government's plan to introduce these tax measures, Purbaya affirmed that the administration remains committed to promoting downstream industrial development, particularly in the nickel-based battery sector.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10